This is an extremely painful event. It typically occurs in the stock market, when you just finished getting so leveraged up on full margin with short positions.

The stock market then viciously turns and "heads" up the other direction all while ripping your face physically off. It happens so quickly it is typically only noticed when you look up from your keyboard to ask your trading partner what happened, and he only see's a pair of lips and what used to resemble a face talking to him.

A CNBC contributor, Steve Grasso, is a well known advocate to stopping this disease from spreading.

Hey Billy, is that Melanie Griffith over there or some guy that got his face ripped off in last weeks stock market rally?